The Board of Directors ("the Board") of Velocity wishes to announce that the shareholders of the Company had at the Twenty-Fifth Annual General Meeting ("25th AGM") of the Company held on Friday, 28 November 2025, approved the appointment of Messrs. PKF PLT as the Auditors of the Company for the financial year ending 30 June 2026 in place of the outgoing Auditors, Crowe Malaysia PLT.

The Board wishes to inform that the Company is not aware of any matters that need to be brought to the attention of the shareholders of the Company, in respect of Crowe Malaysia PLT not seeking for re-appointment in the 25th AGM.

This announcement is dated 28 November 2025.